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The CoinDesk Market Index (CMI), which tracks the performance of the broader encryption market, plummeted by 5.6% within an hour

The popular saying in the coin industry recently is' one Bitcoin is one Bitcoin '. The point of this view is that the price of Bitcoin is not important, as the supply is fixed and theoretically, it will play a role in supporting prices in the long term

Bitcoin rose above $30000 again, with a daily increase of nearly 6%. (Sina Finance)

According to cryptocurrency analysts' predictions, due to the "halving" mechanism limiting the supply of new tokens, the rebound in Bitcoin is only the beginning of a new round of upward trend, which will exceed $50000 next year.This largest digital asset has risen 67% since December 31st, partially recovering from the astonishing decline in 2022

Highlights of the storyBitcoin prices have slightly increased as it has returned to levels above $28000, while a bearish cloud continues to envelop the cryptocurrency sector.In addition, seemingly confused counterfeit coins are expected to reach their main support levels before being promoted to the next stop

The price of Bitcoin (BTC) has fallen nearly 12% since reaching an 11 month high on April 14th, to approximately $31068. The trading price of the largest cryptocurrency on Monday was slightly higher than $27500, as market participants still have doubts about its possible trend

Reading Innovation/Shenzhen Business Daily reporter Zhou LiangchengAs of 8:30 pm on April 26th, the price of Bitcoin was reported at $29895 per piece, an increase of $2477, or 9.03%, from the previous day, just one step away from the focal point of $30000

The largest cryptocurrency by market value rose to $30000 earlier in the day, causing short sellers to close their positions by over $70 million in the past 24 hours.Nearly $200 million in liquidationAccording to Coinglas' data, the cryptocurrency market has cleared $195 million in the past four hours, with over 77000 traders cleared

Article editing time: 00:10 am, April 26, 2022At present, due to concerns about the economic outlook and the US debt ceiling, US debt has dropped significantly, which has had a certain impact on US stocks. The trend of the US equity week still needs to focus on the first half of the week's technology stock financial reports, as well as the second half of the week's GDP and PCE data

As concerns about the US banking industry resurfaced, Bitcoin surged 9% on Wednesday (April 26th) and broke through a key price of $30000, the first time in a week.According to CoinGecko data, the second largest cryptocurrency in the past 24 hours, Ethereum, has also climbed 7

After approaching $27000 yesterday, Bitcoin rebounded strongly today, reaching the $30000 mark, and Ethereum also broke through $1960 at its highest. The strong rise has also led to as many as 38000 positions being sold out in the past 24 hours, with a total online exposure of $140 million

Bitcoin (BTC) has triggered a new correction phase, with prices exceeding $31000 in mid month, and the largest cryptocurrency has been declining since then. The correction in Bitcoin prices has led to the largest cryptocurrency falling by over 12% in the past two weeks, with the decline ending at the support level of $27250